Answer:
Complementary
Explanation:
The complementary resource is a term that describes a type of resources contributed by each partner to a business or investment. In other words, it is the resources each partner brings to the partnership that, when merged together, provide for new resources or capabilities that neither firm could readily create alone.
Hence, the right answer is COMPLEMENTARY RESOURCES
Answer:
Journal entries for the
Completion of Job 113
Debit Finished Good/Inventory Account $ 5000
Credit WIP JOB 113 Account $ 5000
(In words we will debit finished good account by shifting work in process related to the job 113 in it)
Journal entries for the
Completion and sale of Job 85
Debit Finished Good/Inventory Account $ 3000
Credit WIP JOB 113 Account $ 3000
For sales following two entries will be passed.
Debit Cost of Good Sold Account $ 3000
Credit Finished Good/Inventory Account $ 3000
Debit Cash (or Receivable if credit sale) $ 4500
Credit Sales Account $ 4500
I believe it is C, hope this helps!!
